The Treasury Department warned in a report that if the government defaults on its obligations later in October, the economic impact could be widespread and even provoke another financial crisis. Annie Lowrey of The New York Times joins Judy Woodruff to explain the debt ceiling and potential consequences. Continue reading
Question: The money supply of the United States is such a key economic indicator, why don’t we get a reading of it on a daily basis? It seems like it would be a lot more valuable gauge of the economy … Continue reading
- How much of the U.S. economic problems are caused by the deficit and what percentage of the deficit is the Iraq war?
Question/Comment: 1. How much of the U.S. economic problems are caused by the deficit? 2. What percentage of the deficit is the Iraq war? 3. How can the U.S. ever pay off the deficit, and how long will it take? … Continue reading